Blog Coverage Mobileye and Delphi Join Hands to Jointly Develop Automated Driving Solutions

LONDON, UK / ACCESSWIRE / August 24, 2016 / Active Wall St. blog coverage looks at the headline from Mobileye N.V. (NYSE: MBLY) as the company announced on Tuesday, August 23, 2016, that it is partnering with Delphi Automotive PLC (NYSE: DLPH) to develop a complete SAE Level 4/5 automated driving solution for auto manufacturers which will be ready for production in 2019. Register with us now for your free membership and blog access at: http://www.activewallst.com/register/.

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What is this technology?

Automotive companies are in a race to develop self-driving cars that meet safety standards. The technology being developed by Mobileye and Delphi is a comprehensive CSLP (Central Sensing, Localisation, and Planning) based SAE Level 4/5 automated driving solution. In layman terms this means that the technology will enable cars to be vastly or completely automated and meet the standards set by the Society of Automotive Engineers (SAE). They jointly plan to showcase this technology during the Consumer Electronics Show in Las Vegas in 2017 and would be ready for production by 2019.

What is the partnership about?

Mobileye and Delphi Automotive will combine their respective technology and expertise for the development of this program. On one hand, Mobileye shall bring forth its EyeQ® 4/5 System on a Chip (SoC) which has sensor signal processing, fusion, world view generation and Road Experience Management (REM™) system, which is used for real time mapping and vehicle localization. On the other hand, Delphi will incorporate automated driving software algorithms from its Ottomatika acquisition, which include the Path and Motion Planning features, and Delphi Automotive’s Multi-Domain Controller (MDC) with the full camera, radar, and LiDAR suite.

Apart from this both companies will be working together to develop the next generation of sensor fusion technology as well as the next generation driving policies that mimic human strategies of decision making. The new system which combines Ottomanika’s driving behaviour models and the machine learning system from Mobileye, will generate the kind of driving capabilities required in complex urban traffic situation where coordinating with other traffic participants is essential. The companies have allowed for $300 million to $400 million towards R & D costs.

Commenting on the partnership Professor Amnon Shashua, Mobileye Co-Founder, Chairman and CTO said:

“The Mobileye and Delphi relationship started in 2002 with the implementation of what was one of the most advanced active safety systems of the time. Our partnership with Delphi will accelerate the time to market and enable customers to adopt Level 4/5 automation without the need for huge capital investment.”

Delphi President and CEO, Kevin Clark said of this partnership:

“This partnership will allow us to give our customers an increased level of automated capabilities faster and more cost effectively. The collective expertise of our two organisations will accelerate the creation of new approaches and capabilities that would likely not have been possible working alone.”

Future Outlook

The program being developed by Mobileye-Delphi makes excellent economic sense as not all car manufacturers have huge budgets for developing technology for self-driving cars. Small and mid-size car manufacturers can take advantage of this technology for higher quality cars at lower price point.

Delphi and Mobileye are already working with other car makers and technology companies on similar platforms. They feel that the current partnership shall not impinge on the existing relationships.

However, Mobileye’s partnership with Tesla Motors Inc. came to an end in July 2016 because of the disagreements following a high-profile accident involving a Tesla vehicle in May 2016. The Tesla Model S involved in the accident was operating on auto-pilot and Mobileye was the primary hardware supplier for the vehicle.

Stock Performance

The news of the Mobileye-Delphi tie-up has gotten investors excited. Mobileye’s stocks surged 6.66%, closing the trading session at $49.66 on August 23, 2016. Mobileye’s stock price has advanced 17.46% since the beginning of the year.

Delphi Automotive’s shares were also on an upward swing, up 4.30% during the day, trading at $67.86. The company’s stock has gained 7.46% in the last six months.

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